TransferMate
Founded Year
2010Stage
Unattributed | AliveTotal Raised
$129.89MValuation
$0000Last Raised
$70M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+30 points in the past 30 days
About TransferMate
TransferMate, a subsidiary of CluneTech, is a provider of B2B payments infrastructure as a service, enabling companies to send and receive cross-border payments faster, easier, and at lower cost. Banks, fintech companies, and software providers partner with TransferMate to offer an enhanced user experience for their business customers. The TransferMate API solution allows partners to digitalize the payments flow within their software, enabling all businesses to achieve significant time and financial savings. The company was founded in 2010 and is based in Kilkenny, Ireland. It operates as a subsidiary of Clunetech.
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Research containing TransferMate
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned TransferMate in 2 CB Insights research briefs, most recently on May 10, 2023.
Expert Collections containing TransferMate
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
TransferMate is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,215 items
Payments
2,672 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Fintech
5,152 items
Latest TransferMate News
May 11, 2023
TransferMate and Barclays have announced a new collaboration that will bring an international receivables solution to the market, “to help UK businesses reduce transaction costs and save time.” Barclays clients operating in GBP will now be “able to invoice their customers in their clients’ local... Read More
TransferMate Frequently Asked Questions (FAQ)
When was TransferMate founded?
TransferMate was founded in 2010.
Where is TransferMate's headquarters?
TransferMate's headquarters is located at IDA Business and Technology Park, Kilkenny.
What is TransferMate's latest funding round?
TransferMate's latest funding round is Unattributed.
How much did TransferMate raise?
TransferMate raised a total of $129.89M.
Who are the investors of TransferMate?
Investors of TransferMate include Railway Pension Trustee Co. Ltd., ING and Allied Irish Banks.
Who are TransferMate's competitors?
Competitors of TransferMate include Airwallex and 8 more.
Compare TransferMate to Competitors
ZEPZ provides a digital money transfer platform. The company specializes in international transfers to mobile money accounts – a technology where a customer's phone numbers acts like a bank account to hold funds.
Revolut provides a financial services application. It allows users to exchange currencies at interbank rates, sends money through social networks, and spend with a multi-currency card everywhere. It was founded in 2015 and is based in London, United Kingdom.
AZA Finance provides cross-border payment solutions for businesses. It helps to reduce the cost and increase the speed of transactions through its infrastructure. The company was formerly known as BitPesa. It was founded in 2013 and is based in Grand Duchy of Luxembourg, Luxembourg.
MoneyGram International (NASDAQ: MGI) provides money transfer services to financial institutions and retail customers. The company also provides bill payment services, issues money orders, and processes official checks. It was founded in 2003 and is based in Minneapolis, Minnesota.
TransferGo is an international money transfer service that allows users to transfer money online across Europe and other global destinations.
BCRemit is an online money transfer service (via mobile app, web, and call center) that provides the ability to send money via mobile phone, tablet or laptop/PC from the UK to the Philippines.
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